26.1-04-02. Unfair methods of competition or unfair and deceptive acts or practices prohibited

26.1-04-02. Unfair methods of competition or unfair and deceptive acts or practices prohibited. A person may not engage in this state in any trade practice defined in this chapter as, or determined pursuant to this chapter to be, an unfair method of competition or an unfair or deceptive act or practice in the business of insurance.